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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Mike Winn who wrote (6339)12/12/1997 12:51:00 AM
From: Thomas Kiser  Read Replies (1) of 42804
 
Mike, I'm like you; I've been buying a lot of these stocks as they get beaten up. I started buying MRVC @ 26 and bought more @ 23. I also am up over a thousand shares and will buy more if it drops further. A few other names that have posted strong earnings growth that have gotten beaten up as well that I am buying: FPAM@18, RII@24+, and even nibbling on a few international funds as they hit the skids again. I personally like to play contrarian ( ie. buy on weakness) with names that have shown strong fundamental strength.

I think we e-mailed once before; I wish you luck in this beaten up market. my best guess is we will see 45-55 in MRVC sometime before the end of 98'. I guess we will see! Has anyone else played in the closed-end international Asia funds?

TOM
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